GBPUSD BULLISH MISSILE

When you analyze GBPUSD on the 4 hour chart we came from a bearish trend making lower lows and higher highs. With this in mind we will eventually break that structure and continue on the uptrend move.

There are 2 ways this could play out for the uptrend move

-Seeing that 1.31559 is a major area of support the sellers would have to really push and break this area for them to continue on their trend
-Based on 161.8 Fibonacci expansion my target area for the uptrend move is 1.32633

I will continue to update this analysis if people request it.

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